Kueski.com, a Mexico-based financial services innovator, has selected Mambu’s cloud banking platform for its consumer lending business.
Launched during late December 2013 and early January 2014, the Kueski.com provides customers with quick lending decisions, option to apply for loans online and receive loans within an hour.
Kueski.com also reported an increase in its customer base and sought for a flexible platform to support the growing demand for access to credit in the country.
Kueski.com co-founder and CEO, Adalberto Flores, said with the new platform, their customers should be able to access credit, quickly and easily, when they need it, without having to take time out of work to visit a branch, or wait days for the outcome of an outdated credit review process.
Mambu co-founder and CEO, Eugene Danilkis, said new financial innovators like Kueski.com are helping meet an overwhelming demand for essential banking services in fast-growing markets such as Mexico.
"Using cloud technology as an enabling force, Mambu is helping change the way financial innovators approach, design, and execute services that extend financial inclusion to the underbanked," Danilkis added.